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Zhongshan Broad-ocean Motor and Dongfeng Industrial agree to set up new electric drive system company
On January 30, 2018, Zhongshan Broad-ocean Motor Co., Ltd. announced a plan to set up a new automotive business group by consolidating its four subsidiaries, Shanghai Edrive Co., Ltd., Beijing Prestolite Electric Co., Ltd., Wuhu Generator Automotive Electrical Systems Co., Ltd. and Broad-Ocean EV Motor New Energy Co.....
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